A credit to a liability account was posted to an owner's equity account. This would cause __________.
A. assets to be overstated
B. liabilities to be understated
C. owner's equity to be understated
D. net income to be overstated
i think its D
A credit to an asset account was posted to an expense account. This would cause __________.
A. assets to be overstated
B. liabilities to be understated
C. capital to be understated
D. expenses to be overstated
i think its D
1 answer
A debit to a liability account was posted to the capital this error would cause